Electricity is the world’s fastest-growing form of end-use energy consumption. The U.S. Energy Information Administration (EIA) estimates that worldwide generating capacity will grow to 36.5 million megawatt-hours by 2040, a 69% increase from 2012, driven by rising incomes in China, India, and other emerging Asian economies. Electricity generation in the U.S. will grow 24% by 2040—about 1% annually.
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